Share the post "Cressanda Solutions : Q4 2024 Financial Quarterly Report : YoY Sales Up 396.54 %, QoQ Up 87751.43 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 396.54 % in the past year, substantial increase in net sales/revenue by 87751.43 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -72.34 %, Marginal decrease of -25% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Cressanda Solutions Ltd.. Notable increase of 28.64 % in net profit Year to Year, Cressanda Solutions Ltd.’s profitability increased by 133.86 % in this quarter.
- EPS over the Year and quarter: EPS increased by 20.00 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.385 Cr | Rs. 0.07 Cr | Rs. 61.496 Cr | + 87751.43 % | + 396.54 % |
Expenses | Rs. 13.02 Cr | Rs. 0.59 Cr | Rs. 59.27 Cr | + 9945.76 % | + 355.22 % |
Operating Profit | Rs. -0.64 Cr | Rs. -0.52 Cr | Rs. 2.23 Cr | + 528.85 % | + 448.44 % |
OPM % | -5.17 % | -742.86 % | 3.63 % | + 746.49 % | + 8.8 % |
Other Income | Rs. 4.23 Cr | Rs. 1.56 Cr | Rs. 1.17 Cr | -25 % | -72.34 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.22 Cr | Rs. 0.09 Cr | -59.09 % | 0 % |
Profit before tax | Rs. 3.59 Cr | Rs. 0.82 Cr | Rs. 3.23 Cr | + 293.9 % | -10.03 % |
Tax % | 42.47 % | 38.32 % | 17.6 % | -20.72 % | -24.87 % |
Net Profit | Rs. 2.07 Cr | Rs. 1.14 Cr | Rs. 2.66 Cr | + 133.33 % | + 28.5 % |
EPS in Rs | Rs. 0.05 | Rs. 0.03 | Rs. 0.06 | + 100 % | + 20 % |
Today, we’re looking at Cressanda Solutions Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 396.54 %. However, it did see a marginal increase of 87751.43 % from the previous quarter. Expenses ticked up slightly by 9945.76 % quarter-on-quarter, aligning with the annual rise of 355.22 %. Operating profit, while up 448.44 % compared to last year, faced a quarter-on-quarter increase of 528.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.8 %, but an expansion of 746.49 % sequentially. Other income fell by -25 % compared to the last quarter, despite an annual decline of -72.34 %. Depreciation costs fell by -59.09 % quarter-on-quarter, Profit before tax declined annually by -10.03 % but saw an increase from the preceding quarter by 293.9 %.
Tax expenses as a percentage of profits decreased slightly by -24.87 % compared to last year, with a more notable quarter-on-quarter decrease of -20.72 %. Net profit rose by 28.5 % year-on-year but experienced a 133.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20 % but a quarterly rise of 100 %. In summary, Cressanda Solutions Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.385 Cr | Rs. 0.07 Cr | Rs. 61.496 Cr | + 87751.43 % | + 396.54 % |
Expenses | Rs. 13.02 Cr | Rs. 0.59 Cr | Rs. 59.27 Cr | + 9945.76 % | + 355.22 % |
Operating Profit | Rs. -0.64 Cr | Rs. -0.52 Cr | Rs. 2.23 Cr | + 528.85 % | + 448.44 % |
Net Profit | Rs. 2.07 Cr | Rs. 1.14 Cr | Rs. 2.66 Cr | + 133.33 % | + 28.5 % |
EPS in Rs | Rs. 0.05 | Rs. 0.03 | Rs. 0.06 | + 100 % | + 20 % |
In reviewing Cressanda Solutions Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 396.54 % year-on-year growth, however, there was a minor increase of 87751.43 % from the previous quarter. Expenses rose by 355.22 % compared to the previous year, with a 9945.76 % increase quarter-on-quarter. Operating Profit surged by 448.44 % annually, and saw a 528.85 % increase from the last quarter.
Net Profit showed yearly increase of 28.5 %, and experienced a 133.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20 % annually, however rose by 100 % compared to the last quarter. In essence, while Cressanda Solutions Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.